£407,505
This estimated value is based upon the latest sale price for the house of £330,000 on 7 Sep 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Avenue Approach
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| Price Paid | Date |
|---|---|
| £330,000 | 7 Sep 2018 |
| £248,000 | 6 Jul 2007 |
| £170,000 | 14 Mar 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,132 sq feet |
This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.
When this house was purchased in September 2018 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £330,000 results in an estimated price of approximately £407,505.
| 7 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £330,000 | £77,505 | £407,505 |
The Postcode Pricing Model uses changes in average sales price within the IP32 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -18.781 % | £-61,977 | £268,022 |
| 3 Month Average | -18.087 % | £-59,688 | £270,311 |
| 6 Month Average | 3.280 % | £10,824 | £340,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £603,941 | £595,000 | 109 FORNHAM ROAD |
| 21 Apr 2023 | £340,668 | £337,000 | 6 AVENUE APPROACH |
| 30 Aug 2022 | £376,487 | £377,500 | 89 FORNHAM ROAD |
| 28 Jan 2022 | £910,333 | £865,000 | 113 FORNHAM ROAD |
| 16 Dec 2021 | £439,265 | £410,000 | 9 NORFOLK ROAD |
This house has a floor area of 105 sq meters or 1,132 sq feet when measured on 23 Feb 2011. Using an estimated price of £407,506 means this house is valued at £3,873 per sq meter (£359 per sq foot).
The average size of a house on FORNHAM ROAD is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Avenue Approach |
| Mar 2024 | Burglary | Under investigation | On or near Avenue Approach |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Avenue Approach |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sandy Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Riverside Court |